Average Compliance Officers Salary in Amherst Town-Northampton, MA
Compliance Officers in Amherst Town-Northampton, MA, earn an average annual salary of $82,120. This figure is slightly below the national average of $85,520, suggesting localized market dynamics and potentially a different demand-supply equilibrium in this specific region. Factors such as the local economic landscape and the concentration of industries requiring compliance expertise likely influence this pay scale.
Executive Summary
- Average Salary: $82,120 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $106,250.
- Outlook: The local workforce for Compliance Officers in Amherst Town-Northampton, MA, comprises 210 professionals, with 2.953 jobs per 1,000 workers. A Location Quotient of 1.14 indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable, albeit not exceptionally booming, demand for compliance expertise within the area.
Salary Overview
The average Compliance Officers in Amherst Town-Northampton, MA earns-4.0%below the national average.
$39.5
$1,579
$6,843
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Amherst Town-Northampton, MA is not provided, it is reasonable to assume that salaries for Compliance Officers have experienced a steady upward trend over the past four years, mirroring national patterns. This growth is typically driven by increasing regulatory complexity, evolving industry standards, and a persistent need for skilled professionals to navigate these challenges.
Compliance Officers Salary Distribution in Amherst Town-Northampton, MA
Career progression for Compliance Officers significantly impacts earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized knowledge can command salaries well above the average. The percentile gaps in salary distribution highlight clear opportunities for career advancement and increased compensation as one gains expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $57,570 | $27.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $61,590 | $29.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,950 | $38.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $102,650 | $49.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $106,250 | $51.1 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$82,120
Gross Pay
Real Wage (Purchasing Power)
$82,120
Adjusted for COL (100)
With an average annual salary of $82,120 and a Cost of Living Index of 100, Compliance Officers in Amherst Town-Northampton, MA, find their nominal earnings directly align with the national average cost of living. This means that the purchasing power of their salary is comparable to that of a Compliance Officer in a national average cost-of-living area, offering a stable financial standing.
Job Market Context
210
Total Jobs
2.953
Per 1K Jobs
1.14
Location Quotient
With a location quotient of 1.14, Amherst Town-Northampton, MA has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.
The Location Quotient of 1.14 for Compliance Officers in Amherst Town-Northampton, MA, signifies a job market where these professionals are slightly more concentrated than the national average. This suggests a healthy presence and consistent demand for compliance roles, indicating a competitive yet accessible market for both employers seeking talent and individuals looking for opportunities.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Springfield, MA Compliance Officers Salary | $83,140↑ 1% | 18 mi |
| Worcester, MA Compliance Officers Salary | $87,830↑ 7% | 37 mi |
| Pittsfield, MA Compliance Officers Salary | $76,800↓ 6% | 38 mi |
| Hartford-West Hartford-East Hartford, CT Compliance Officers Salary | $91,860↑ 12% | 43 mi |
| Massachusetts nonmetropolitan area Compliance Officers Salary | $88,960↑ 8% | 52 mi |
Comparing salaries near Amherst Town-Northampton, MA
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Amherst Town-Northampton, MA?
The median annual salary for a Compliance Officers in Amherst Town-Northampton, MA is $82,120. This typically ranges from $57,570 for entry-level positions to $106,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Amherst Town-Northampton, MA is 4.0% lower than the national median of $85,520.
Is Amherst Town-Northampton, MA a lucrative place for Compliance Officers?
Yes, with a caveat.The average salary is close to the national average, and the cost of living is on par, making it financially stable. However, it's not significantly more lucrative than the national average.
Is Amherst Town-Northampton, MA a good place to live for Compliance Officers?
The Cost of Living Index in Amherst Town-Northampton, MA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Amherst Town-Northampton, MA?
Some top paying nearby cities include Springfield, MA ($83,140) and Worcester, MA.
How does the Amherst Town-Northampton, MA salary compare to the national average?
Compliance Officers in Amherst Town-Northampton, MA, earn an average of $82,120 annually, which is slightly lower than the national average of $85,520.
What is the Cost of Living in Amherst Town-Northampton, MA for Compliance Officers?
The Cost of Living Index in Amherst Town-Northampton, MA, is 100, which is exactly the national average, meaning your salary's purchasing power is standard.
Is there high demand for Compliance Officers in Amherst Town-Northampton, MA?
With a Location Quotient of 1.14, there is a slightly higher concentration of Compliance Officers than the national average, indicating steady demand.
How many Compliance Officers are there in Amherst Town-Northampton, MA?
The total local workforce for Compliance Officers in Amherst Town-Northampton, MA, consists of 210 professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Amherst Town-Northampton, MA area with a job density of 2.953 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Compliance Officers Salaries by State
Top Jobs in Amherst Town-Northampton, MA
- All Occupations Salary in Amherst Town-Northampton, MA
- Educational Instruction and Library Occupations Salary in Amherst Town-Northampton, MA
- Office and Administrative Support Occupations Salary in Amherst Town-Northampton, MA
- Food Preparation and Serving Related Occupations Salary in Amherst Town-Northampton, MA
- Management Occupations Salary in Amherst Town-Northampton, MA
- Sales and Related Occupations Salary in Amherst Town-Northampton, MA
- Business and Financial Operations Occupations Salary in Amherst Town-Northampton, MA
- Healthcare Practitioners and Technical Occupations Salary in Amherst Town-Northampton, MA
- Healthcare Support Occupations Salary in Amherst Town-Northampton, MA
- Transportation and Material Moving Occupations Salary in Amherst Town-Northampton, MA
- Browse All Jobs in Amherst Town-Northampton, MA →
Semantic Salary Analysis for Compliance Officers • Data source: BLS OEWS 2024 •Jobs in Amherst Town-Northampton, MA